Why Data Security is crucial at Saloodo!

The concept of European Data Security

The concept of European data security refers to the set of laws, regulations, and policies that are in place to protect the personal data of individuals within the European Union (EU). These regulations aim to give EU citizens more control over their personal data and to ensure that their data is handled in a way that is secure and respects their privacy.

The classic one: GDPR

The most well-known of these regulations is the General Data Protection Regulation (GDPR), which came into effect on May 25, 2018. The GDPR applies to any organization that processes the personal data of individuals within the EU, regardless of where the organization is based. This means that even companies based outside of the EU must comply with the GDPR if they process the data of EU citizens.

GDPR requirements to be aware of

The GDPR sets out a number of requirements that organizations must follow, including:

• Obtaining explicit consent from individuals before collecting, using, or sharing their personal data
• Providing individuals with clear and transparent information about how their data will be used
• Allowing individuals to access, correct, or delete their personal data
• Having appropriate technical and organizational measures in place to protect personal data from unauthorized access or accidental loss
• Notifying individuals and the relevant authorities in the event of a data breach

There are also other EU regulations in place to protect data security and privacy, such as the ePrivacy Directive and the Network and Information Systems Directive (NISD). These regulations focus on specific areas such as electronic communications, and Network security respectively

"Protecting data is an ultimate value if you think it through. Protecting customer data is the same as protecting everybody’s data, which in turn is the same as protecting yourself or the privacy of your loved ones. Nowadays, one no longer makes sense without the other. Strictly speaking, they are also no longer feasible independently."

Christian Garbers

Head of PLatform Delivery

Saloodo! and European Data Security

Within the Saloodo! platform and our web site we are aware of the 6 main implementations in data security:

1. Obtaining consent: Under the GDPR, Saloodo! obtains explicit consent from individuals before collecting, using, or sharing personal data. This means that must provide clear and detailed information about what data we are collecting, why we are collecting it, and how it will be used. We also provide a way for customers to easily withdraw their consent at any time.
2. Privacy notices: Saloodo! provides customers with clear and transparent information about how their data will be used. This is typically done through a privacy notice, which is a document that outlines an organization’s data protection practices. The notice is written in clear and simple language and provides information about customer’s rights, such as their right to access, correct, or delete their personal data.
3. Data breaches: Saloodo! has appropriate technical and organizational measures in place to protect personal data from unauthorized access or accidental loss. In the event of data breach, Saloodo! notifies customers and the relevant authorities within 72 hours. Saloodo! also provides information about the nature of the breach and the measures that are being taken to address it.
4. Data protection officer (DPO): Large organizations with specific operations that handle sensitive personal data are required to appoint a data protection officer (DPO). The role of the DPO is to advise the organization on data protection compliance and to serve as a contact point for individuals and the relevant authorities.
5. Data portability: GDPR gives customers the right to obtain their personal data in a structured, commonly used and machine-readable format and have the right to transmit that data to another controller. This right allows individuals to easily switch between services and to take their data with them if they choose to.
6. Right to be forgotten: Customers have the right to request the erasure of their personal data, this is known as the “right to be forgotten” This can be exercised in certain circumstances, such as if the personal data is no longer necessary for the purposes for which it was collected, or if the individual withdraws their consent and there is no other legal ground for the data to be processed.

Conclusion

Data security is crucial for protecting the personal information of customers and ensuring the privacy and security of personal data. In today’s digital age, personal data is collected and used by organizations in a wide variety of ways, including for marketing, research, and other purposes. However, as personal data is often sensitive and private, it is important to ensure that it is handled in a way that is secure and respects the privacy of the individuals it belongs to.

Implementing data security measures can help protect personal data from unauthorized access or accidental loss, and can also help to prevent data breaches. Data security regulations, such as the General Data Protection Regulation (GDPR) in the EU, set out specific requirements that organizations must follow in order to protect personal data and ensure compliance.

In addition, data security is important for organizations to maintain trust and reputation. Data breaches can cause serious damage to the reputation of an organization and can lead to loss of customers and revenue. Implementing robust data security measures can help organizations to maintain the trust of their customers and to avoid the potential negative consequences of a data breach.